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One of the hottest fields in contemporary macroeconomics, economic growth is both fascinating to theorists and critically important to policy makers.

In Introduction to Economic Growth—the only text in the field designed specifically for advanced undergraduates—Charles I. Jones explains in clear, direct language how economists have come to understand the long-run growth of economies. Beginning with empirical evidence—how rich are the rich countries, how poor are the poor, and how fast do the rich and poor countries grow? —Professor Jones then presents the major theories of economic growth, from the Nobel Prize-winning work of Robert Solow to the new growth theory that has ignited the field in recent years.

Editorial Reviews

About the Author

Charles I. Jones is the STANCO Professor of Economics at the Stanford University Graduate School of Business. He is also a Research Associate at the National Bureau of Economic Research. He received his Ph.D. from MIT in 1993. He is well known for his research and papers on long-run economic growth. Jones is equally well known as an educator with a gift for distilling complicated subjects down to their essence and making them accessible to all levels of students. He is the author of Introduction to Economic Growth, Third Edition (2013).

Most Helpful Customer Reviews

It is a perfect book for students who want to get started in growth theory. It combines basic maths with useful graphs. It is selective, it has a direction and it really gets the reader more and more interested as progress is made. Undoubtly, Prof. Charles Jones has the gift of teaching, as the key concepts are conveyed clearly to the reader. Actually, if that was the aim of the book, it clearly succeeded.

Since most intermediate-level macroeconomics textbooks - probably because of lack of space - usually decide to devote no more than a chapter or two to what is often considered to be the most important topic in economics, Jones' book serves as a very neat introduction to the field. Obviously, noone should expect to see the rigour one can find in advanced treatments, but - without doubt - it is easier to jump to advanced treatments if you see the intuitive explanation first. I could say this is one of the best textbooks I had a chance to read.

This book delivers on its promise of being a textbook on economic growth theory for undergraduates. It is not easy (as economic growth is not), but it is definitely within the grasp of economics undergraduate with knowledge of basic economic principles. It also provides sufficient advance material in the second half of the book to stimulate further study into economic growth. However, beware that this is not a book about policy prescriptions for economic growth, it is about the theoretical framework to understand it (necessary, but not sufficient for policy prescriptions).

This is a excellent book about the economic growth theory. I've read excellent books as "Economic Growth" by R. Barro, "Advanced Macroeconomics" by David Romer and "Endogenous Growth Theory" by Philippe Aghion, the principal problem is the level, if you don't have notions about economic growth theory, you'll have problems to understand. Charles I. Jones wrote a excellent introduction about all the modern economic growth theory. I recommend this book amply.

Professor Jones' book is an excellent read. No doubt it is a bit slow for someone who knows mathematics but those who need a good introduction and want to get an insight into the problems of growth will find this book very useful. Ones mathematical skills can be used afterwrads to make a good progress. Jones did a very useful job and brought this technical subject within the reach of the undergraduate students.

This is an interesting book, but for anyone coming from some sort of substancial mathematical background, this book may seem a bit slow. In many ways it could be summarized in a 10-20 page paper. However, this book may be useful for those only vaguely familar with calculus and wanting a technical introduction to growth theory.

The book presents the subject in a very friendly way; great for a first glance to the subject. However, I have to agree that it turns out to be a little too basic as one approaches the chapters on new growth and other alternative theories.